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NATIONAL GOALS AND STRATEGIC ORIENTATIONS
THE COMPETITIVE FRAMEWORK
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achieve Ackley and Ishi activities allocation Bank of Japan capital investment cartels catch-up period catching-up product cycle cent of GNP Charles Gore chemical industries companies comparative advantage consumption corporate savings costs CPC pattern development policy development strategy domestic product dynamic East Asian economic growth enterprises entrants equipment export financial institutions financial system fiscal foreign exchange foreign technology funds government policy government sought heavy and chemical household savings human capital import substitution imported technology incentives increase industrial catch-up industrial development industrial policy industrial rationalization interest rates international competitiveness intervention Japan Export-Import Bank Japanese economy Japanese firms JDB/JERI labour loans long-term machinery manufacturing market failure MITI national firms net domestic product NEWLY INDUSTRIALIZING ECONOMIES output Ozawa post-war Japan post-war period private-sector productivity improvement profits promote rapid sector Shinohara special depreciation allowances Taiwan Province technology imports trade liberalization UNCTAD Yanigahara zaibatsu